Ability to pay customer reimbursements and credit notes
|Feature||General availability on-premises||General availability online||Public preview|
|Ability to pay customer reimbursements and credit notes||Mar 1, 2022||Apr 1, 2022||-|
In case there is a need to cancel all or part of an invoice that have already been issued a credit note and reimbursement should be issued. This will be supported by Payment Management as credit note and reimbursement payments will be generated and validated in the payment journal.
Also as the payments are processed by Payment Management they will be posted with a unique payment id which will be used to apply the bank account ledger entries in the bank account reconciliation.
Currently Payment Management only supports processing vendor payments from the payment journal. With this new feature Payment Management will also support customer reimbursement and credit notes to be processed for payment in the payment journal. The payments will be created with a unique payment reference id.